The Mike Hosking Breakfast

A new resale royalty scheme looks to provide Kiwi artists more pay parity with those overseas. The Government's announced the policy - in line with New Zealand's free trade agreements with the UK and EU. It'll give visual artists a five percent cut, before any other charges, letting them benefit from a resale. Arts Foundation General Manager Jessica Palalagi told Mike Hosking it's great news. She...

Electricity Authority has come down hard on Tiwai point trying to cut cheap deals on their power. The EA will now require approval before any power company wants to make a 'big low price deal' Though, they have confirmed that the smelter's 2021 deal with Meridian and Contact, believed to be less than 4 cents a unit, won't be affected by the ban. Murray Ellis is an electricity consultant and joined...

Dissident MP Gaurav Sharma claims he is just trying to get justice despite being silenced. He's facing expulsion from the Labour party, after his suspension this week for the way he made bullying allegations against the party. Sharma claims the Parliamentary Service, an independent body, operates without oversight and works with whips of political parties to manipulate MPs who complain. He told Mi...

A call from Kiwibank, for the Government to urgently bring forward its planned tweak to lending restrictions. The state-owned bank says the controversial tightening of credit law last December,  has driven a slowdown in lending in the first half of this year. Chief Executive Steve Jurkovich told Mike Hosking the tightening was never going to work. “When you went one size fits all, all lending type...

A year this week since Delta arrived. I hesitate to mention it, given I'm over Covid and have been for ages. I note they still publish the numbers each day. Lord knows why, does anyone really care? I also note in reading a bit about this year since Delta and yet more lockdowns arrived, that various people doing various studies about what we know and don’t know about the virus, still don’t seem to...

The man they call an Aussie rock legend and arguably one of the most liked former MPs is back. We're talking of course about Peter Garrett - the former Education Minister and frontman for rock band Midnight Oil . The band first began in 1972, took a hiatus between 2002 and 2016 and then came back with a vengeance. It's been nearly 20 years since their last full length studio release but their late...

The man they call an Aussie rock legend and arguably one of the most liked former MPs is back. We're talking of course about Peter Garrett - the former Education Minister and frontman for rock band Midnight Oil . The band first began in 1972, took a hiatus between 2002 and 2016 and then came back with a vengeance. It's been nearly 20 years since their last full length studio release but their late...

The owner of a New Zealand roofing company has been praised for taking a “slightly different approach” to recruiting employees. A job advert for a semi-experienced roofer at the Roofing Hub, based in Queenstown and Wanaka, went viral last month for including “dyslexia” and “built stuff as a kid” as attributes on a “good things to have” list. “Ideally we are looking for someone wanting to learn and...

Home buyers are being urged to think twice about buying a home, in the wake of yesterday's 50-basis point rise to the Official Cash Rate. Reserve Bank Governor Adrian Orr told Mike Hosking the days of skyrocketing house prices are probably over. “I want people to be having their brain engaged and thinking really hard about what they’re doing when entering into these markets.” LISTEN ABOVE See omny...

Tourism New Zealand has launched a $5.1 million campaign targeting "high quality" visitors. It will target wealthier visitors, as well as those who spend more time here and go outside hotspots and engage in local areas. It comes as Tourism Minister Stuart Nash says he doesn't want to attract what he calls the "two-minute noodle-eating visitors". Tourism New Zealand CEO Rene de Monchy told Mike Hos...

Adrian Orr may worried about workers getting the biggest pay rise in more than 20 years. Stats NZ data shows for the June quarter median weekly earnings from salaries and wages increased 8.8 percent. It was even better for women, whose median weekly earnings increased 9.9 percent. ANZ economist Finn Robinson joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The president of the Tertiary Education Union has weighed in on the dramas at New Zealand's new mega-polytechnic. Stephen Town has stepped down as head of Te Pukenga, after weeks of controversy. Town took special leave for six-weeks, while continuing to be paid up to $13,000 a week. Tina Smith told Mike Hosking she believes in the new polytech model, but setting it up could've been managed better....

Ian Foster is safe. NZ Rugby has unanimously voted to keep Foster in the head coaching role through until the World Cup next year. Joe Schmidt has also had a promotion; he's officially part of the coaching set up and will lead the attack. Former All Black captain Wayne 'Buck' Shelford joined Mike Hosking to discuss the developments. LISTEN ABOVE See omnystudio.com/listener for privacy information.

MPs Megan Woods and Mark Mitchell joined the Mike Hosking Breakfast to wrap the week's political news. LISTEN ABOVE See omnystudio.com/listener for privacy information.

So we now see in the battle of cock ups that poor old Labour has been completely outplayed. National have a mess, they hire a QC, and announce the inquiry. Job done. Labour gaslight the bejesus out of the troublemaker, say they are having a meeting, hold a secret meeting the night before, deny the secret meeting, until the secret meeting has a photo taken and then "accidentally" sent to Gaurav Sha...

There is an old saying that if you have a good idea, then success will follow no matter how much you spent on marketing. Dev Soni is a Commerce grad who set up Sugar Wallet, New Zealand’s first set-and-forget paycheck investment app. He spent zero dollars on marketing the app and yet in a matter of weeks 4000 users have downloaded it and he has almost one million in assets under management. Dev So...

Mercury NZ has emerged from its latest financial year a totally different beast. By its own account, 2022 was one of "transformative change" - having become the country's biggest electricity retailer after the $467 million purchase of Trustpower's retail arm earlier this year. Following the Tilt Renewables transactions, it has also become the country's biggest wind power generator, having started...

A former prisoner turned motivational speaker thinks the parole system is broken. Dr Paul Wood, convicted of murder as an 18-year-old, is one of the first parolees in New Zealand to have all of their conditions dropped. He told Mike Hosking prisoners aren't receiving the support they need after release to help them reintegrate into society. Wood says there are a lot of people in the system who wan...

The nationwide labour shortage is taking its toll on our Kiwifruit industry. Zespri has flagged kiwifruit quality remains a significant problem this export season and fruit loss will be greater than forecast in June. The issues include a fruit skin rash that hasn't been seen in New Zealand before but has been observed overseas. Zespri Chief Grower Carol Ward told Mike Hosking while there are other...

The Reserve Bank is set to hike the Official Cash Rate by 50 basis points today and provide more detail on just how high the rate could peak. ANZ Chief Economist Sharon Zollner told Mike Hosking the central bank is grappling with a prolonged period of high inflation. “The tightness of the labour market is so extreme inflation from that source is going to stick around, no matter what happens to tha...

A suggestion the Gaurav Sharma situation could start to hurt Labour's image with voters. Sharma has been suspended from the caucus after making multiple bullying allegations against the party. Former Labour and United Future MP Peter Dunne says while Sharma may be exaggerating, he doesn't buy the idea there's no bullying in the party. He told Mike Hosking if the Sharma drama continues, voters will...

Another episode Wednesday from the Reserve Bank. It's worth paying attention to, given it affects every single one of us. And survey after survey indicates large numbers of us are suffering because of it. Inflation, currently at 7.3 percent, has it peaked or not? The Reserve Bank get another crack this week at interest rates and along with the number, the commentary, as to what they think and wher...

It's being argued that public funding for a lifesaving Cystic Fibrosis drug would save sufferers hundreds of thousands of dollars. Patients, Pharmac and the Government are stuck in a feedback loop on the breakthrough drug Trikafta, with Pharmac saying funding is a must but it needs more money. Currently, Cystic Fibrosis patients are spending upwards of $300,000 to self-fund Trikafta. Cystic Fibros...

Questions over whether more could be done in aiding Ukraine's war effort. The Government's sending 120 more defence personnel to the UK to train Ukrainian recruits. Meanwhile in Europe, Estonia has barred Russian tourists from visiting. But Defence Minister Peeni Henare told Mike Hosking he's satisfied from what he was hearing from the recent European Donors' Conference. He says like most politica...

Auckland Council wants people to cycle, walk or use public transport for most trips under six kilometres. It's one of the measures it says is needed to achieve a 64 percent reduction in transport emissions by 2030, as set out in the new Transport Emissions Reduction Plan. It also aims to increase public transport trips fivefold and walking and cycling 10-fold. Mayor Phil Goff says it's not a case...